June 14, 2023 in Articles

Awesome Employee Perks Businesses Need to Know About

This article provided by our partners at MultiKRD, who power our AssetHR Perks program

Businesses rely on their employees to provide quality services and products to their customers. Without their help, you’re going to struggle to keep your business going. This is why it is a great idea to offer a few employee perks to your hard working employees.

Great Employee Perks You Need to Offer


Offering great employee perks is a great way to gain the support of your team. It shows your appreciation of their hard work and it pushes them to work even harder for those perks that you’re offering. So we’ve made a list of these great employee perks that you should consider for your team of employees.

Performance Bonuses


Every employee will be rendering service in various areas of your business. However, some of your employees will frequently stand out from the rest. These employees serve as the best employees in your business, and go above and beyond the call of duty. A great way to have more of these employees is to offer performance bonuses.

Performance bonuses push your employees to exceed what is expected of them. Those that do exceed these expectations get rewarded, while those that are less inclined may reconsider knowing that they have bonuses waiting for them.

Vacation or Time Off Packages


Your employees aren’t just workers that mindlessly do their jobs at your business. They are living, breathing people that can grow tired of what they’re doing. When this happens, it can affect their ability to perform in your business. This is why most businesses offer basic time off and vacation to their employees so they can unwind. However, not every business will go the extra mile when providing time off to their employees.

Special vacation and time off packages are a great way to provide employees with a way to relax and unwind. These packages can take the form of vacations to resorts, or even team building vacations that can build trust between your employees. The latter is a great way to improve the effectiveness of your team even further.

Remote Work Options


A great perk that many employees nowadays want is to be able to work from the comfort of their homes. This is called remote working and can be a very useful employee perk that can benefit both your business and the employee that’s working at home. The main draw for this for businesses is that employees stay productive for much longer when compared to them coming into the office due to the lack of travel needed to get to work. This could easily give employees two hours of extra productive time.

Early Wage Access


Another great employee perk that businesses can offer to employees is early wage access. Providing employees the means to access their wages early is a great way to give your employees security. It allows them to get their salaries in case they have an emergency which requires it. However, you need to make sure you have the means to properly facilitate an early wage access program in order to keep things moving smoothly.

Overview


Employee perks aren’t just for the benefit of the employees receiving them. Your business can also stand to gain a number of advantages from these great employee perks. But you need to make sure you properly manage them, otherwise your employees might take these benefits for granted.

Interested in additional information?

Reach out to Chris Kelly at [email protected] for additional details to help determine if this would be helpful to your organization.